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The Boston Globe

Business

Fans are impatient for Pallotta to bring wins to AS Roma

A North End native who made a name for himself in hedge funds may find pleasing fickle fans tougher than wooing investors as he tries to rebuild an Italian soccer team

As recently as January, whenever Jim Pallotta traveled to Rome, he was met with camera crews, news reporters, and exuberant shouts of “Presidente Pallotta!” from moped riders whizzing by in the street.

Pallotta, who once ran one of Boston’s biggest and most successful hedge funds, enjoyed a warm reception from Italians after he and his partners bought the beloved soccer team AS Roma in 2011. He charmed sports talk-show hosts and made headlines with stunts like plunging into an icy pool in his business suit after a meeting with the team. He promised to make AS Roma a contender in the elite Champions League, and the fans loved it.

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